MCLOUD Subsidiary Bags ₹6.93 Cr CCTV Surveillance Order from South Central Railway
Magellanic Cloud's subsidiary, Provigil Surveillance Limited, secured a ₹6.93 crore contract from South Central Railway for CCTV surveillance systems. The 12-month project includes supply, installation, testing, and commissioning across multiple stations. This order reinforces the company's focus on AI-enabled surveillance solutions for critical infrastructure.
The order value of ₹6.93 crore is material for the company and contributes to its growth in a strategic segment, indicating a positive impact on its business operations and future prospects.
The company has secured a significant new order from a major railway division, which is expected to enhance its business in the transportation security segment and expand its order book.
Magellanic Cloud Limited announced that its wholly owned subsidiary, Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) from South Central Railway, Vijayawada Division, for a contract valued at ₹6,92,87,410.55 (Rupees Six Crore Ninety-Two Lakh Eighty-Seven Thousand Four Hundred and Ten and Fifty-Five Paise).
The project entails the Supply, Installation, Testing, and Commissioning (SITC) of advanced IP-based CCTV surveillance systems across multiple South Coast Railway stations, including major junctions like Vijayawada, Rajahmundry, Nellore, Kakinada, and Gudur. This also includes associated Signalling & Telecommunication (S&T) infrastructure.
This new order strengthens the company's focus on expanding its AI-enabled video surveillance, Video Management Systems (VMS), and intelligent public safety solutions within critical infrastructure. The deployment is expected to enhance passenger safety, improve operational visibility, enable intelligent incident management, and support the adoption of AI-driven surveillance technologies in the transportation sector.
This contract follows closely on the heels of another surveillance order from the same railway division, underscoring the company's execution capabilities and the growing momentum in its railway surveillance business. It further bolsters Magellanic Cloud's order book in the transportation security segment.
Joseph Sudheer Thumma, Managing Director & Global CEO of Magellanic Cloud Limited, commented that securing another order from the Vijayawada Railway Division within a short span is a strong endorsement of their execution capabilities and the trust built with Indian Railways. He highlighted the repeat orders as a reflection of confidence earned through consistent execution and quality delivery, reinforcing their strategic focus on AI-enabled surveillance and intelligent VMS platforms for critical infrastructure.
The contract is to be executed within 12 months. Neither the promoter nor any promoter group or group companies have any interest in the entity awarding the contract, and the order does not fall under related party transactions.
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Magellanic Cloud Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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